ECB-Monetary developments in the euro area: January 2024

February 27, 2024--Annual growth rate of broad monetary aggregate M3 stood at 0.1% in January 2024, after 0.2% in December 2023 (revised from 0.1%)
Annual growth rate of narrower monetary aggregate M1, comprising currency in circulation and overnight deposits, stood at -8.6% in January, compared with -8.5% in December
Annual growth rate of adjusted loans to households stood at 0.3% in January, compared with 0.4% in December

Annual growth rate of adjusted loans to non-financial corporations decreased to 0.2% in January from 0.5% in December

Components of the broad monetary aggregate M3

The annual growth rate of the broad monetary aggregate M3 stood at 0.1% in January 2024, after 0.2% in December, averaging -0.2% in the three months up to January. The components of M3 showed the following developments. The annual growth rate of the narrower aggregate M1, which comprises currency in circulation and overnight deposits, stood at -8.6% in January, compared with -8.5% in December.

ESMA finalises technical standards on derivatives transparency and the OTC derivatives tape

December 15, 2025-The European Securities and Markets Authority (ESMA), the EU's financial markets regulator and supervisor, published today the Final Report covering mandates under the MiFIR Review on derivatives trade transparency, package orders and the over-the-counter (OTC) derivatives consolidated tape input and output data.

France Eases Retail Crypto Rules as Europe Unlocks Access for Millions

December 9, 2025-AMF doctrine shift follows UK and Nordic moves;
CoinShares leads the European market with a 32% AUM share
CoinShares International Limited ("CoinShares" or "the Group") (Nasdaq Stockholm: CS; USOTCQX: CNSRF) - a leading global asset manager specialising in digital assets, which has announced a merger with Vine Hill Capital Investment Corp (Nasdaq: VCIC), welcomes France's AMF decision to open retail access to regulated crypto ETNs.

Archax Executes First After-Hours Transaction of its Tokenized Canary HBR ETF on Hedera Mainnet

December 5, 2025-Archax, the UK/EU-regulated digital asset platform, today announced the tokenization and first onchain transaction of the Canary HBR ETF on the Hedera Network. The completed out-of-hours transaction is a landmark achievement in blockchain-based finance: an ETF linked to Hedera's native token, tokenized and transacting on the Hedera Network itself, outside of traditional market hours.